How Are United States Cellular Corporation(NYSE:USM), RigNet Inc(NASDAQ:RNET), and InterDigital, Inc.(NASDAQ:IDCC)Faring In The Wireless Communications Industry?
New York, NY – GDP INSIDER – 10/10/2014.
This article discusses three wireless communications companies: United States Cellular Corporation(NYSE:USM), RigNet Inc(NASDAQ:RNET), and InterDigital, Inc.(NASDAQ:IDCC)
United States Cellular Corporation(NYSE:USM), better known as US Cellular, is a Chicago-based wireless telecommunications service provider that offers voice, messaging, and dating services to its customers. The company continues to diversify its cell phone offerings in an effort to increase its market share. On Oct. 3rd, the company announced the new Moto X was now available on its network, a phone that features a 5.2 inch screen. Additionally, the company also recently launched the 5.5-inch LG G3 cell phone.
RigNet Inc(NASDAQ:RNET) is a Texas-based wireless communications company that provides network infrastructure services to support the needs of the oil and gas industry. On Sept. 15th, the company named Pal Jensen to the position of Vice President of Energy Maritime. Jensen’s responsibilities include providing communications solutions to maritime vessels operating around the globe. Given the company’s niche, RigNet’s value is naturally tied into the price of oil, which is currently falling.
InterDigital, Inc.(NASDAQ:IDCC) is a Delware-based company that develops technologies to enhance wireless communications in several continents, including North America, South America, and Asia. InterDigital, which recently had Chairman Steven T. Clontz retire from the company’s Board of Directors, offers 2G, 3G, 4G, and IEEE-802 related products and networks for its customers to utilize. The company’s bid and offer prices suggest that the stock is highly liquid, with a bid price of $37.71 x 100 and an offer price of $45.73 x 200.
HotStockGains.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.
Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.
Disclosure: HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.